| Number borrowers | 27,255 |
| Loan Amount (range) | BOB 200 - 10,000 |
| Loan Term (range) | 4 - 10 |
| Other Services (text summary) | Group Mtgs |
| Annual Interest & Method | 36.0% annual, Flat |
| Fees | None |
| Insurance | 0.20%-0.50% upfront |
| Tax | None |
| Comp Dep | 20.0% upfront 20.00% ongoing |
| Range of pricing | |
| Interest Price Component | 17.1% - 59.6% |
| Fee Component | 0 |
| Insurance Component | 0.6% - 2.2% |
| Tax Component Range | 0 |
| Full APR (int fee ins tax dep) | 93.5% - 106.7% |
| Transparency Index (min/max) | 34 - 73 |
| Transparency Index (average) | 36 |
| 521 |
| RWF 50,000 - 1,999,999 |
| 4 - 12 |
| Credit Educ, Credit Ins, Tech Asst Visits, Business Training |
| 22.80% annual, Decl Bal |
| None |
| None |
| 18.00% fees |
| 10.00%-15.00% upfront |
| 21.3% - 93.8% |
| 0 - 2.7% |
| 0 - 0.6% |
| 0 - 0.6% |
| 50.2% - 55.7% |
| 0 |
| 44 |
| Outstanding portfolio (BOB) | BOB 67,181,595.67 |
| Portfolio (USD) | USD 9,952,828.99 |
| Active Clients with Loans | 27,255 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 80% - 100% |
| Individual | |
| Solidarity group | |
| Village banking | x |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | x |
| Consumer loan | x |
| Agriculture | |
| Education | x |
| Other household finance | x |
| Other | |
| Other (2) |
| Credit education | |
| Group meetings | x |
| Credit insurance | |
| Workplace visits | |
| Business training | |
| Other training | |
| Other | |
| Other (2) | |
| No other services |
| Men | |
| Women | x |
| Must run a business | |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | |
| Other (2) |
| # Regions for this institution | 8 |
| # Regions for this product | 6 |
| Regions Active | Chuquisaca , Cochabamba , La Paz , Oruro , PotosÃ, Tarija |
| Outstanding portfolio (RWF) | RWF 219,000,000 |
| Portfolio (USD) | USD 365,000 |
| Active Clients with Loans | 521 |
| Approximate % Female Clients | 20% - 40% |
| Approximate % Urban Clients | 0% - 20% |
| Individual | x |
| Solidarity group | x |
| Village banking | x |
| Self help group | |
| Other |
| Any purpose | x |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | x |
| Group meetings | |
| Credit insurance | x |
| Workplace visits | x |
| Business training | x |
| Other training | |
| Other | |
| Other (2) | |
| No other services |
| Men | x |
| Women | x |
| Must run a business | |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | |
| Other (2) |
| # Regions for this institution | 10 |
| # Regions for this product | 10 |
| Regions Active | Gakenke, Gasabo, Kicukiro, Musanze, Ngororero, Nyabihu, Nyamagabe, Nyanza, Nyarugenge, Ruhango |
| Currency | BOB |
| Minimum loan size | BOB 200 |
| Maximum loan size | 10,000 |
| Loans less than BOB 10,000 | 100% |
| BOB 10,000-40,000 | 0 |
| BOB 40,000-70,000 | 0 |
| BOB 70,000-100,000 | 0 |
| BOB 100,000-125,000 | 0 |
| Greater than BOB 125,000 | 0 |
| Shortest loan term | 4.0 months |
| Longest loan term | 10.0 months |
| Approx average | 7.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 30% |
| Between 7 and 9 months | 50% |
| Between 10 and 12 months | 20% |
| Between 13 and 18 months | 0 |
| Longer than 18 months | 0 |
| Grace period usage | 0 |
| Average grace period | DK |
| Daily | |
| Weekly | |
| Every 2 weeks | x |
| Every 4 weeks | x |
| Monthly | |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Currency | RWF |
| Minimum loan size | RWF 50,000 |
| Maximum loan size | 1,999,999 |
| Loans less than RWF 500,000 | 30% |
| RWF 500,000-1,500,000 | 30% |
| RWF 1,500,000-2,500,000 | 40% |
| RWF 2,500,000-3,500,000 | 0 |
| RWF 3,500,000-4,500,000 | 0 |
| Greater than RWF 4,500,000 | 0 |
| Shortest loan term | 4.0 months |
| Longest loan term | 12.0 months |
| Approx average | 8.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 20% |
| Between 7 and 9 months | 20% |
| Between 10 and 12 months | 60% |
| Between 13 and 18 months | 0 |
| Longer than 18 months | 0 |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | x |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Lowest quoted nominal interest | 36.00% |
| Highest quoted nominal interest | 36.00% |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Flat |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | Yes |
| Ins 1 | |
|---|---|
| Description | Seguro de desgravamen y sepelio |
| % of loan amount - min | 0.20% |
| % of loan amount - max | 0.50% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | El costo es de 0.05% del monto del préstamo multiplicado por el número de perÃodos de pago. |
| Appears on Repayment Sched? | No |
| Required for | All |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | Yes |
| Do borrowers control deposit in their group? | Yes |
| % loan amount deposited | 20.00% |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 20.00% |
| or, Fixed-amount deposited | 0 |
| Conditions on access to deposit | Access During |
| Minimum interest rate paid | 1.00% |
| Maximum interest rate paid | 3.00% |
| Interest payment frequency | End Term |
| Are taxes charged on this product? | No |
| Lowest quoted nominal interest | 22.80% |
| Highest quoted nominal interest | 22.80% |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | Yes |
| Required for | All |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | Yes |
| Do borrowers control deposit in their group? | No |
| % loan amount deposited | 10.00% - 15.00% |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 0 |
| or, Fixed-amount deposited | 0 |
| Conditions on access to deposit | Final Pmt |
| Minimum interest rate paid | 6.00% |
| Maximum interest rate paid | 10.00% |
| Interest payment frequency | End Term |
| Are taxes charged on this product? | Yes |
| Percentage of fees | 18% |
| All or some fees taxed |
| Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Loan Amount | BOB 500 | BOB 2,000 | BOB 2,500 | BOB 6,000 | BOB 8,000 | BOB 8,500 | |||||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
| Disbursement Date | 2013-08-08 | 2013-10-29 | 2013-07-22 | 2013-07-26 | 2013-10-11 | 2013-08-15 | |||||
| Loan Term (Months) | 9.0 months | 6.0 months | 8.0 months | 10.0 months | 6.0 months | 8.0 months | |||||
| Grace Period (Months) | 0.4 months | 0.0 months | 0.4 months | 0.2 months | 0.4 months | 0.2 months | |||||
| Total Cost of Credit | BOB 134.75 | BOB 374 | BOB 597.50 | BOB 1,740 | BOB 1,464 | BOB 1,980.50 | |||||
| True Price by Comp | |||||||||||
| Interest price component | 58.0% | 59.6% | 57.7% | 59.6% | 55.8% | 59.0% | |||||
| Fee Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
| Insurance Component | 1.2% | 2.2% | 1.1% | 1.2% | 1.1% | 1.1% | |||||
| Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
| Deposit Component | 39.0% | 44.9% | 39.2% | 41.8% | 36.6% | 42.0% | |||||
| Full APR (int fee ins tax dep) | 98.2% | 106.7% | 98.0% | 102.6% | 93.5% | 102.1% | |||||
| Transparency Index | 37 | 34 | 37 | 35 | 39 | 35 | |||||
| Original Repayment Schedule | |||||||||||
| MFT Pricing Calculation |
| Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Loan Amount | RWF 100,000 | RWF 250,000 | RWF 500,000 | RWF 1,000,000 | RWF 1,900,000 | ||||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | ||||
| Disbursement Date | 2012-09-25 | 2012-09-25 | 2012-09-25 | 2012-09-25 | 2012-09-25 | ||||
| Loan Term (Months) | 12.0 months | 12.0 months | 12.0 months | 12.0 months | 12.0 months | ||||
| Grace Period (Months) | 1.0 month | 1.0 month | 1.0 month | 1.0 month | 0.0 months | ||||
| Total Cost of Credit | RWF 24,337.50 | RWF 60,843.85 | RWF 121,687.70 | RWF 243,375.40 | RWF 462,413.26 | ||||
| True Price by Comp | |||||||||
| Interest price component | 39.2% | 39.2% | 39.1% | 39.1% | 39.2% | ||||
| Fee Component | 2.0% | 2.0% | 2.0% | 2.0% | 2.0% | ||||
| Insurance Component | 0.6% | 0.6% | 0.6% | 0.6% | 0.6% | ||||
| Tax Component | 0.5% | 0.5% | 0.5% | 0.5% | 0.5% | ||||
| Deposit Component | 13.5% | 8.2% | 8.1% | 8.1% | 8.2% | ||||
| Full APR (int fee ins tax dep) | 55.7% | 50.4% | 50.2% | 50.2% | 50.4% | ||||
| Transparency Index | 0 | 0 | 0 | 0 | 0 | ||||
| Original Repayment Schedule | |||||||||
| MFT Pricing Calculation |
| Key Statistics | |
|---|---|
| # Samples: | |
| # Products | |
| # Institutions | |
| # Countries | |
| # Borrowers | |
| Loan Portfolio (USD) | |
| % Products using declining balance | |
| % Products with one or more fee | |
| % Products with one or more insurances | |
| % Products with compulsory deposits |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| N (# of Samples) | ||||||
| Total Borrrowers of Samples | ||||||
| Avg | ||||||
| Min | ||||||
| Max | ||||||
| Std Dev | ||||||
| By Inst Type | ||||||
| By Country | ||||||
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| From 0 to | ||||||
| to | ||||||
| to | ||||||
| to ∞ | ||||||
